ACTIVE

NOORD STER

Financial year 2025 · Closed on 31/12/2025

Net result43,4 k €-28,9 %over 1 year
Gross margin34,8 k €-5,9 %over 1 year
Equity5,5 M €-0,0 %over 1 year

Identity

Source · BCE/KBO

NOORD STER is a Public limited company incorporated in 2008. Its main activity is: Development of building projects. Its registered office is in Antwerpen.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0808.252.597
Incorporation
08/12/2008
Legal form
Public limited company
Registered office
Posthofbrug 16
2600 Antwerpen · FlandreSee on map
Contributed capital
5 000 000,00 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 18 filings

Trend over 12 financial years

20252024202320222021
Income statement
Gross margin34,8 k €37 k €36,9 k €39,4 k €40,3 k €
EBITDA33,5 k €35,7 k €35,6 k €38,2 k €39,1 k €
Operating result33,5 k €35,7 k €35,6 k €38,2 k €39,1 k €
Net result43,4 k €61 k €51,1 k €26,6 k €27 k €
Balance sheet
Equity5,5 M €5,5 M €5,5 M €5,5 M €5,5 M €
Total assets5,5 M €5,6 M €5,6 M €5,5 M €5,5 M €
Cash54,6 k €1,5 M €1,5 M €1,5 M €1,5 M €
Debts45,6 k €60,6 k €50,4 k €35 k €30 k €

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 14 ended

Active mandates

Christophe Hamal

Director · since 21 octobre 2022 · until 03 juin 2027

Active
Noël Pauwels

Director · since 31 août 2021 · until 04 juin 2026

Active
Wim Kinnet

Director · since 31 mai 2018 · until 01 août 2028

Active

Ended mandates

Christophe Hamal

Director · since 21 octobre 2022 · until 21 octobre 2027

Ended
Noël Pauwels

Director · since 31 août 2021 · until 27 mai 2026

Ended
Gert Vernaillen

Director · since 30 mai 2020 · until 31 août 2021

Ended
Gert Vernaillen

Director · since 30 mai 2020 · until 30 mai 2025

Ended

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Posthofbrug 16 2600 Antwerpen
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0894.664.751
MERNO IMMO● Active
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Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date09/06/202610/06/202511/06/202401/06/202315/12/202211/06/2021
General meeting04/06/202605/06/202506/06/202431/05/202331/05/202231/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 18 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202504/06/202609/06/2026DutchPDF
Abridged model31/12/202405/06/202510/06/2025DutchPDF
Abridged model31/12/202306/06/202411/06/2024DutchPDF
Abridged model31/12/202231/05/202301/06/2023DutchPDF
Abridged modelCorrection31/12/202131/05/202215/12/2022DutchPDF
Abridged model31/12/202131/05/202220/06/2022DutchPDF
Abridged model31/12/202031/05/202111/06/2021DutchPDF
Abridged model31/12/201929/05/202009/06/2020DutchPDF
Abridged model31/12/201831/05/201917/06/2019DutchPDF
Abridged model31/12/201731/05/201806/06/2018DutchPDF
Full model31/12/201631/05/201714/06/2017DutchPDF
Full model31/12/201531/05/201616/06/2016DutchPDF
Full model31/12/201429/05/201508/06/2015DutchPDF
Full model31/12/201328/05/201412/06/2014DutchPDF
Full model31/12/201231/05/201313/06/2013DutchPDF
Full model31/12/201131/05/201219/06/2012DutchPDF
Full model31/12/201031/05/201107/06/2011DutchPDF
Full model31/12/200931/05/201008/06/2010DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 14 ended

Active mandates

Christophe Hamal

Director · since 21 octobre 2022 · until 03 juin 2027

Active
Noël Pauwels

Director · since 31 août 2021 · until 04 juin 2026

Active
Wim Kinnet

Director · since 31 mai 2018 · until 01 août 2028

Active

Ended mandates

Christophe Hamal

Director · since 21 octobre 2022 · until 21 octobre 2027

Ended
Noël Pauwels

Director · since 31 août 2021 · until 27 mai 2026

Ended
Gert Vernaillen

Director · since 30 mai 2020 · until 31 août 2021

Ended
Gert Vernaillen

Director · since 30 mai 2020 · until 30 mai 2025

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates27/07/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates01/08/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other06/12/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DOEL
    PDF
  • Mandates11/08/2023
    ONTSLAGEN - BENOEMINGEN - DIVERSEN
    PDF
  • Mandates28/06/2023
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/12/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates04/07/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates02/09/2021
    ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 202543,4 k €↓
  2. 2024
    Annual accounts 202461 k €↑
  3. 2023
    Annual accounts 202351,1 k €↑
  4. 2022
    Annual accounts 202226,6 k €↓
  5. 2021
    Annual accounts 202127 k €↓
  6. 2020
    Annual accounts 202029 k €↑
  7. 2019
    Annual accounts 201927,1 k €↓
  8. 2018
    Annual accounts 201838 k €↑
  9. 2017
    Annual accounts 201736,7 k €↓
  10. 2016
    Annual accounts 201638,7 k €↓
  11. 2015
    Annual accounts 201540,9 k €↑
  12. 2014
    Annual accounts 201438,1 k €
  13. 08/12/2008
    IncorporationPublic limited company